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Canadian (TSX) Market Analysis & Valuation

UpdatedJul 13, 2025
DataAggregated Company Financials
Companies2267
  • 7D0.3%
  • 3M13.4%
  • 1Y16.9%
  • YTD9.1%

In the last week, the market has stayed flat, however the Healthcare sector stood out, gaining 4.8%. Meanwhile, the market is actually up 17% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

Has the Canadian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 13 Jul 2025CA$4.3tCA$2.1tCA$191.7b16.1x22.4x2x
Tue, 10 Jun 2025CA$4.3tCA$2.1tCA$191.8b15.4x22.2x2x
Thu, 08 May 2025CA$4.0tCA$2.1tCA$176.5b15x22.6x1.9x
Sat, 05 Apr 2025CA$3.9tCA$2.1tCA$173.9b14x22.4x1.8x
Mon, 03 Mar 2025CA$4.0tCA$2.1tCA$172.6b15x23.3x1.9x
Wed, 29 Jan 2025CA$3.9tCA$2.1tCA$171.3b15x22.9x1.8x
Fri, 27 Dec 2024CA$3.9tCA$2.1tCA$169.2b14x22.9x1.8x
Sun, 24 Nov 2024CA$4.0tCA$2.1tCA$166.9b14.5x23.8x1.9x
Tue, 22 Oct 2024CA$4.0tCA$2.1tCA$168.2b15.4x23.5x1.9x
Thu, 19 Sep 2024CA$3.8tCA$2.1tCA$167.5b15.1x22.6x1.8x
Sat, 17 Aug 2024CA$3.7tCA$2.1tCA$170.2b14.6x21.6x1.8x
Mon, 15 Jul 2024CA$3.6tCA$2.0tCA$166.7b14x21.9x1.8x
Wed, 12 Jun 2024CA$3.6tCA$2.1tCA$167.4b14.4x21.3x1.7x
Fri, 10 May 2024CA$3.6tCA$2.1tCA$171.1b14.2x21x1.8x
Sun, 07 Apr 2024CA$3.6tCA$2.0tCA$174.3b14.1x20.5x1.7x
Tue, 05 Mar 2024CA$3.4tCA$2.1tCA$176.7b13.7x19.5x1.7x
Thu, 01 Feb 2024CA$3.4tCA$2.1tCA$173.8b12.9x19.7x1.6x
Sat, 30 Dec 2023CA$3.4tCA$2.1tCA$172.8b13.3x19.5x1.6x
Mon, 27 Nov 2023CA$3.2tCA$2.1tCA$179.1b11.8x18x1.5x
Wed, 25 Oct 2023CA$3.1tCA$2.1tCA$185.2b11x16.7x1.5x
Fri, 22 Sep 2023CA$3.2tCA$2.1tCA$184.4b11.8x17.4x1.5x
Sun, 20 Aug 2023CA$3.2tCA$2.1tCA$185.8b11.5x17.3x1.5x
Tue, 18 Jul 2023CA$3.3tCA$2.1tCA$199.8b11.3x16.3x1.5x
Thu, 15 Jun 2023CA$3.2tCA$2.1tCA$199.8b11.1x16.2x1.5x
Sat, 13 May 2023CA$3.3tCA$2.1tCA$207.0b11.1x15.9x1.5x
Mon, 10 Apr 2023CA$3.3tCA$2.1tCA$217.9b10.6x15.2x1.6x
Wed, 08 Mar 2023CA$3.3tCA$2.1tCA$221.6b10.9x15.1x1.6x
Fri, 03 Feb 2023CA$3.4tCA$2.1tCA$246.4b11.2x13.8x1.6x
Sun, 01 Jan 2023CA$3.2tCA$2.1tCA$245.8b10.6x13.1x1.5x
Tue, 29 Nov 2022CA$3.3tCA$2.1tCA$239.6b10.6x13.9x1.6x
Thu, 27 Oct 2022CA$3.2tCA$2.0tCA$236.0b10x13.4x1.6x
Sat, 24 Sep 2022CA$3.1tCA$2.1tCA$240.4b9.5x13x1.5x
Mon, 22 Aug 2022CA$3.4tCA$2.0tCA$237.1b10.5x14.1x1.7x
Wed, 20 Jul 2022CA$3.1tCA$2.0tCA$231.4b10x13.3x1.6x
Price to Earnings Ratio

13.3x


Total Market Cap: CA$3.1tTotal Earnings: CA$231.4bTotal Revenue: CA$2.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Market Price to Earnings3Y Average 18.7x202320242025
Current Market PE
  • Investors are optimistic on the Canadian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 22.4x which is higher than its 3-year average PE of 18.7x.
Past Earnings Growth
  • The earnings for Canadian listed companies have declined 6.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.7% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Canadian Market?

CA Market0.27%
Healthcare4.81%
Telecom3.28%
Energy1.14%
Consumer Discretionary0.82%
Industrials0.46%
Utilities0.44%
Materials0.098%
Financials-0.10%
Real Estate-0.31%
Consumer Staples-0.86%
Tech-1.05%
Sector PE
  • Investors favour the Tech sector the most for future growth which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 20.0%, which is lower than the prior year's growth of 24.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 43% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 6.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
SU Suncor EnergyCA$54.876.0%
+CA$3.8b		5.2%PE11.1xEnergy
GWO Great-West LifecoCA$52.394.3%
+CA$2.0b		30.7%PE12.7xFinancials
CM Canadian Imperial Bank of CommerceCA$100.042.2%
+CA$2.0b		49.3%PB1.6xFinancials
CVE Cenovus EnergyCA$20.064.7%
+CA$1.6b		-26.1%PE13xEnergy
CP Canadian Pacific Kansas CityCA$111.691.6%
+CA$1.6b		-1.7%PE27xIndustrials
See more

Market Insights

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BN
CA$86.38
Brookfield
7D
-1.2%
1Y
37.7%
CVE
CA$20.06
Cenovus Energy
7D
4.7%
1Y
-26.1%
FNV
CA$218.38
Franco-Nevada
7D
-3.2%
1Y
24.1%
BMO
CA$155.66
Bank of Montreal
7D
1.2%
1Y
31.8%

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Jul 10
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TECK.B
CA$52.42
Teck Resources
7D
-6.4%
1Y
-24.3%
CM
CA$100.04
Canadian Imperial Bank of Commerce
7D
2.2%
1Y
49.3%
TD
CA$100.69
Toronto-Dominion Bank
7D
-1.0%
1Y
30.1%
CP
CA$111.69
Canadian Pacific Kansas City
7D
1.6%
1Y
-1.7%
BCE
CA$32.57
BCE
7D
5.6%
1Y
-26.4%
IMO
CA$112.89
Imperial Oil
7D
2.2%
1Y
17.6%

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Jul 01
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SLF
CA$85.00
Sun Life Financial
7D
-3.6%
1Y
24.0%
FM
CA$23.32
First Quantum Minerals
7D
-7.0%
1Y
21.9%
GWO
CA$52.39
Great-West Lifeco
7D
4.3%
1Y
30.7%
CSU
CA$4,888.06
Constellation Software
7D
-2.3%
1Y
17.9%

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MFC
CA$41.71
Manulife Financial
7D
-2.5%
1Y
12.7%
SU
CA$54.87
Suncor Energy
7D
6.0%
1Y
5.2%